{
 "ticker": "BUYZ",
 "name": "Franklin Disruptive Commerce ETF",
 "issuer": "Franklin",
 "desk": "themes",
 "url": "https://etfiq.com/funds/buyz",
 "html": "https://etfiq.com/funds/buyz",
 "markdown": "https://etfiq.com/funds/buyz.md",
 "as_of": "2026-09-11",
 "verdict": "BUYZ holds 58 stocks, and 38% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "62.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BUYZ, already in the S&P 500: 62.5%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "86.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BUYZ, active share vs the S&P 500: 86.3%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "50.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BUYZ, top ten holdings: 50.0%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221219.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BUYZ, total return, 1 year: \u221219.9%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "BUYZ, net assets: $5m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Jul 27, 2026",
   "as_of": "2026-09-11",
   "sentence": "BUYZ, expense ratio: 0.50% (485BPOS XBRL, Jul 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Broad innovation and megatrends",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Feb 28, 2020",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "62.5%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "86.3%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "54.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "79.5%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "50.0%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "58",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "AMAZON.COM INC 11.2%, SHOPIFY INC 8.6%, APPLOVIN CORP 5.4%, ALPHABET INC 4.1%, META PLATFORMS INC 4.0%, CARVANA COMPANY 3.7%, DOORDASH INC 3.4%, EBAY INC 3.3%, MERCADOLIBRE INC 3.3%, WALMART INC 3.1%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$5m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221243.9%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Jul 27, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.58%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "PNQI 42%, AIUP 41%, OGIG 32%, IBUY 32%, FDN 32%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+4.7%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+1.4 pts",
   "Gap to Nasdaq-100": "+5.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "+5.8%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221210.2 pts",
   "Gap to Nasdaq-100": "\u221214.8 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u221219.9%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221237.4 pts",
   "Gap to Nasdaq-100": "\u221242.9 pts"
  },
  {
   "window": "3 years",
   "Total return": "+35.2%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "\u221242.6 pts",
   "Gap to Nasdaq-100": "\u221259.9 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+44.1%",
   "S&P 500": "+183.2%",
   "Gap to S&P 500": "\u2212139.1 pts",
   "Gap to Nasdaq-100": "\u2212217.2 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of BUYZ is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 62% of BUYZ by weight is stocks the S&P 500 already holds. Its active share against the index is 86%, so that share is the part doing something different."
  },
  {
   "q": "What does BUYZ hold?",
   "a": "58 positions as filed for Jun 30, 2026, with the top ten at 50% of the fund. The largest are AMAZON.COM INC at 11.2%, SHOPIFY INC at 8.6%, APPLOVIN CORP at 5.4%."
  },
  {
   "q": "Has BUYZ beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 BUYZ returned \u221219.9% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 37.4 points."
  },
  {
   "q": "What does BUYZ cost?",
   "a": "The prospectus expense ratio is 0.50% a year. Because 86% of the fund differs from the S&P 500, the fee on that differing part works out at 0.58%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}